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    Trial Balance

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    api-281112719
    This document is a trial balance for KBC Decorating Company dated February 28, 2014. It lists account names and numbers along with debit and credit balances. Key accounts include bank with a debit balance of $36,233.61, accounts receivable control with a debit balance of $2,604, and capital accounts for Henri Martin and Wes Corbett without specified balances. Major expense accounts include purchases of paint and wallpaper, advertising, delivery costs, insurance, office supplies, rent, telephone and utilities. The total debits equal the total credits of $101,253.31, indicating the trial balance is in balance.

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    Trial Balance

    Uploaded by

    api-281112719
    55 views1 page
    This document is a trial balance for KBC Decorating Company dated February 28, 2014. It lists account names and numbers along with debit and credit balances. Key accounts include bank with a debit balance of $36,233.61, accounts receivable control with a debit balance of $2,604, and capital accounts for Henri Martin and Wes Corbett without specified balances. Major expense accounts include purchases of paint and wallpaper, advertising, delivery costs, insurance, office supplies, rent, telephone and utilities. The total debits equal the total credits of $101,253.31, indicating the trial balance is in balance.

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    trial balance

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    This document is a trial balance for KBC Decorating Company dated February 28, 2014. It lists account names and numbers along with debit and credit balances. Key accounts include bank with a debit balance of $36,233.61, accounts receivable control with a debit balance of $2,604, and capital accounts for Henri Martin and Wes Corbett without specified balances. Major expense accounts include purchases of paint and wallpaper, advertising, delivery costs, insurance, office supplies, rent, telephone and utilities. The total debits equal the total credits of $101,253.31, indicating the trial balance is in balance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    55 views1 page

    Trial Balance

    Uploaded by

    api-281112719
    This document is a trial balance for KBC Decorating Company dated February 28, 2014. It lists account names and numbers along with debit and credit balances. Key accounts include bank with a debit balance of $36,233.61, accounts receivable control with a debit balance of $2,604, and capital accounts for Henri Martin and Wes Corbett without specified balances. Major expense accounts include purchases of paint and wallpaper, advertising, delivery costs, insurance, office supplies, rent, telephone and utilities. The total debits equal the total credits of $101,253.31, indicating the trial balance is in balance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    150

    151
    152
    153

    Schedules on Accounts
    A/R Beavis & Sons
    A/R Dayson & Son
    A/R Jay-Mar
    A/R S.Miller

    251
    254
    254

    A/P Major Office Supplies


    A/P Reynolds Paper Co.
    A/P Reynolds Paper Co.

    Credit

    4,373.60
    1,706.25
    953.75
    30,000.00
    30,000.00
    23,325.00
    10,800.00
    94.71

    101,253.31

    420.00
    896.00
    616.00
    672.00
    2,604.00
    504.00
    2,774.80
    1,094.80
    4,373.60

    Trial Balance

    KBC Decorating Company


    Trial Balance
    28-Feb-14
    Acct#
    Account Name
    Debit
    101 Bank
    36,233.61
    105 Accounts Recievable Control
    2,604.00
    123 Furniture & Equipment
    8,000.00
    125 Vehicles
    15,000.00
    127 Tools & Equipment
    1,893.90
    201 Accounts Payable Control
    206 GST Payable
    207 GST-ITC
    1,824.88
    208 PST Payable
    301 Capital, Henri Martin
    303 Capital, Wes Corbett
    401 Sales Paint & Supplies
    402 Sales Wallpaper
    410 PST Commission Revenue
    504 Purchases Paint & Supplies
    18,500.00
    505 Purchase Wallpaper
    8,600.00
    508 Freight In
    224.70
    531 Advertising Expense
    668.75
    535 Delivery Expense
    142.77
    538 Insurnance Expense
    840.00
    541 Offrice Supplies Expense
    524.30
    543 Rent Expense
    5,000.00
    544 Telephone Expense
    331.70
    545 Utilities Expense
    640.00
    546 Warehouse Supplies Expense
    224.70
    101,253.31

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